Navigating Turmoil: Central Banks and the Global Financial Crisis
TL;DR Summary
The collapse of Silicon Valley Bank has shattered the assumptions made by the Federal Reserve, political leaders, and investors about the weak links in the financial system. Instead of complex securities and too-big-to-fail banks, the weak links were found to be the mundane, seemingly safe parts of the system such as government bonds, smaller banks, and deposits.
- SVB-Fueled Turmoil Junks Lessons of the Global Financial Crisis The Wall Street Journal
- Global banking crisis: One big problem down, too many others left to go CNN
- The Fed now faces same destination — with a more treacherous path Yahoo Finance
- That synching feeling of Central Banks Economic Times
- All eyes are on the other 4 200 US banks Moneyweb
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